Tocqueville Asset Management L.P.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Tocqueville Asset Management L.P. reported 550 stock positions worth $7.6 billion. Its top holding was Home Depot (HD) at 3.9% of the portfolio, followed by Nvidia (NVDA, 3.1%) and Applied Materials (AMAT, 2.9%). Compared with Q1 2026, it opened 31 new positions, sold out of 24, added to 197 and reduced 218. The biggest buy was Intl Business Machines (IBM, shares +118%) and the biggest sale iShares Gold Trust (IAU, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0000883961
- Portfolio Value
- $7.6B (Q2 2026)
- SEC Filing
- 0000919574-26-004901 ↗ filed Aug 10, 2026
Holdings Value
Holdings 550 stocks · $7.6B
| HD Home Depot Inc. | 3.95% | 846,430 | $298.5M | Reduce -0.2% |
| NVDA Nvidia Corp. | 3.07% | 1,161,568 | $232.4M | Reduce -0.9% |
| AMAT Applied Materials Inc. | 2.89% | 302,050 | $218.4M | Reduce -10.1% |
| GOOGL Alphabet Inc. Class A | 2.72% | 574,912 | $205.5M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 2.50% | 534,147 | $188.7M | Reduce -3.8% |
| MSFT Microsoft Corp. | 2.24% | 454,510 | $169.5M | Reduce -3.4% |
| AAPL Apple Inc. | 2.23% | 583,722 | $168.9M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.11% | 668,849 | $159.4M | Add +2.1% |
| IAU iShares Gold Trust | 1.55% | 1,551,830 | $117.2M | Reduce -5.1% |
| MU Micron Technology Inc. | 1.41% | 92,226 | $106.5M | Reduce -36.3% |
| NEE Nextera Energy Inc. | 1.31% | 1,132,735 | $99.4M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.31% | 197,261 | $98.7M | Reduce -1.0% |
| VRT Vertiv Holdings Co. Class A | 1.29% | 291,126 | $97.5M | Reduce -0.1% |
| RKLB Rocket Lab Corp. | 1.13% | 837,725 | $85.2M | Reduce -10.2% |
| ABBV Abbvie Inc. | 1.12% | 336,097 | $84.6M | Reduce -0.4% |
| CAT Caterpillar Inc. | 1.12% | 79,281 | $84.4M | Reduce -0.4% |
| GPC Genuine Parts Co. | 1.08% | 692,724 | $81.7M | Reduce -10.6% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 1.06% | 1,015,185 | $80.4M | Add +3.6% |
| QCOM Qualcomm Inc. | 1.06% | 434,642 | $80.3M | Reduce -21.9% |
| CCJ Cameco Corp. | 1.05% | 781,617 | $79.6M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 1.04% | 240,659 | $78.8M | Reduce -4.3% |
| MRVL Marvell Technology Inc. | 1.02% | 259,159 | $77.2M | Reduce -3.3% |
| RSG Republic Services Inc. | 1.02% | 360,473 | $76.8M | Add +2.1% |
| PANW Palo Alto Networks Inc. | 0.94% | 208,149 | $71.0M | Reduce -11.4% |
| FCX Freeport-McMoran Inc. | 0.93% | 1,123,716 | $70.7M | Add +5.4% |
| DE Deere & Co. | 0.88% | 104,941 | $66.6M | Reduce -0.5% |
| NEM Newmont Corp. | 0.87% | 703,903 | $65.7M | Add +0.0% |
| JNJ Johnson & Johnson | 0.87% | 258,233 | $65.6M | Reduce -5.5% |
| FDX FedEx Corp. | 0.83% | 200,746 | $62.9M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.78% | 104,921 | $59.1M | Add +41.1% |
| MRK Merck & Co. Inc. | 0.76% | 447,832 | $57.5M | Add +0.3% |
| PH Parker Hannifin Corp. | 0.71% | 54,857 | $53.7M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.70% | 188,776 | $53.1M | Add +117.9% |
| C Citigroup Inc. | 0.67% | 363,622 | $50.9M | Reduce -0.7% |
| WPM Wheaton Precious Metals Corp. | 0.65% | 440,382 | $49.5M | Reduce -1.7% |
| SBUX Starbucks Corp. | 0.63% | 465,482 | $47.6M | Reduce -0.7% |
| CL Colgate-Palmolive Co. | 0.63% | 518,035 | $47.5M | Reduce -3.9% |
| UBER Uber Technologies Inc. | 0.61% | 643,928 | $46.5M | Add +19.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.60% | 473,112 | $45.5M | Reduce -0.8% |
| GEHC GE Healthcare Technology | 0.60% | 704,344 | $45.1M | Add +95.9% |
| GLW Corning Inc. | 0.58% | 172,269 | $44.0M | Reduce -1.6% |
| GS Goldman Sachs Group Inc. | 0.58% | 43,324 | $43.8M | Reduce -5.4% |
| ABT Abbott Laboratories | 0.57% | 478,373 | $43.4M | Add +127.3% |
| XLK SS Technology Select Sector | 0.56% | 223,519 | $42.6M | Add +0.0% |
| EMR Emerson Electric Co. | 0.55% | 292,469 | $41.9M | Reduce -1.6% |
| TMO Thermo Fisher Scientific Inc. | 0.55% | 82,830 | $41.5M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 0.54% | 277,538 | $40.7M | Reduce -12.0% |
| XLE SS Energy Select Sector | 0.54% | 762,726 | $40.5M | Reduce -1.4% |
| WMT Walmart Inc. | 0.53% | 354,932 | $40.2M | Reduce -0.7% |
| TSN Tyson Foods Inc. Class A | 0.53% | 698,623 | $40.0M | Add +43.1% |
| EXE Expand Energy Corp. | 0.53% | 436,694 | $39.8M | Add +16.6% |
| BKNG Booking Holdings Inc. | 0.53% | 223,141 | $39.8M | Add +5.0% |
| UTHR United Therapeutics Corp. | 0.52% | 71,878 | $38.9M | Add +19.2% |
| BSX Boston Scientific Corp. | 0.51% | 902,984 | $38.5M | Add +33.1% |
| CB Chubb Ltd. | 0.49% | 109,064 | $37.2M | Reduce -2.2% |
| AVGO Broadcom Inc. | 0.49% | 97,647 | $36.9M | Reduce -2.9% |
| FLEX Flex Ltd. | 0.48% | 225,718 | $36.6M | Reduce -13.0% |
| APD Air Products & Chemicals Inc. | 0.48% | 122,766 | $36.0M | Reduce -1.1% |
| GDX Vaneck Gold Miners ETF | 0.47% | 474,907 | $35.8M | Add +0.4% |
| TPL Texas Pacific Land Corp. | 0.47% | 81,123 | $35.5M | Add +6.5% |
| NFG National Fuel Gas Co. | 0.46% | 447,498 | $34.6M | Add +40.3% |
| UNH Unitedhealth Group Inc. | 0.46% | 82,887 | $34.5M | Reduce -1.6% |
| INTC Intel Corp. | 0.45% | 245,841 | $34.3M | Reduce -16.1% |
| RTX RTX Corp. | 0.45% | 180,201 | $34.2M | Reduce -0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.45% | 45,571 | $34.0M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 0.45% | 286,862 | $33.7M | Reduce -2.1% |
| WY Weyerhaeuser Co. | 0.43% | 1,364,096 | $32.7M | Reduce -0.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.42% | 134,723 | $32.1M | Reduce -6.7% |
| VSH Vishay Intertechnology Inc. | 0.42% | 588,099 | $31.6M | Reduce -48.9% |
| CVX Chevron Corp. | 0.42% | 190,393 | $31.6M | Reduce -14.3% |
| FANG Diamondback Energy Inc. | 0.42% | 179,012 | $31.5M | No change |
| CVS CVS Health Corp. | 0.41% | 301,191 | $31.2M | Reduce -0.5% |
| AER Aercap Holdings NV | 0.41% | 210,985 | $30.8M | Add +0.2% |
| APO Apollo Global Management Inc. | 0.41% | 259,516 | $30.7M | Reduce -1.1% |
| PGR Progressive Corp. | 0.41% | 140,289 | $30.6M | Add +5.9% |
| BAX Baxter International Inc. | 0.40% | 1,435,460 | $30.6M | Add +5.1% |
| PAYX Paychex Inc. | 0.40% | 310,631 | $30.5M | Add +157.8% |
| MA Mastercard Inc. Class A | 0.40% | 59,296 | $30.5M | Reduce -1.2% |
| KVUE Kenvue Inc. | 0.40% | 1,585,655 | $30.3M | Reduce -1.8% |
| SPGI S&P Global Inc. | 0.40% | 74,136 | $30.2M | Add +87.8% |
| SWK Stanley Black & Decker Inc. | 0.39% | 316,811 | $29.8M | Add +0.8% |
| LLY Eli Lilly & Co. | 0.39% | 24,659 | $29.6M | Add +0.3% |
| ALL Allstate Corp. | 0.39% | 123,570 | $29.4M | Add +0.1% |
| D Dominion Energy Inc. | 0.37% | 407,908 | $27.9M | Add +8.6% |
| HUM Humana Inc. | 0.35% | 66,567 | $26.4M | Add +49.5% |
| AVAV Aerovironment Inc. | 0.34% | 156,387 | $25.8M | Add +40.5% |
| CMG Chipotle Mexican Grill Inc. | 0.34% | 754,424 | $25.7M | Add +1.5% |
| BAC Bank of America Corp. | 0.34% | 446,549 | $25.4M | Reduce -3.1% |
| NUE Nucor Corp. | 0.33% | 111,734 | $24.9M | Reduce -3.5% |
| HONA Honeywell Aerospace Inc. | 0.32% | 109,114 | $24.1M | Add +17.7% |
| GPN Global Payments Inc. | 0.32% | 329,692 | $23.9M | Add +2.8% |
| ROK Rockwell Automation Inc. | 0.32% | 48,275 | $23.9M | Reduce -2.0% |
| T AT&T Inc. | 0.31% | 1,141,686 | $23.6M | Add +5.5% |
| NFLX Netflix Inc. | 0.31% | 326,320 | $23.3M | Add +13.8% |
| ICE Intercontinental Exchange Inc. | 0.31% | 187,466 | $23.1M | Add +6.5% |
| MSI Motorola Solutions Inc. | 0.30% | 55,517 | $23.1M | Add +0.0% |
| DGX Quest Diagnostics Inc. | 0.30% | 106,964 | $22.7M | Reduce -0.5% |
| EQH Equitable Holdings Inc. | 0.30% | 512,957 | $22.5M | Add +4.1% |
| GLD SPDR Gold Shares | 0.29% | 60,088 | $22.1M | Reduce -1.1% |
| CACI Caci International Inc. Class A | 0.29% | 46,580 | $21.6M | Add +35.0% |
Options reported separately and not counted above: NVDA puts ($1.1M), KO puts ($325K), BRK.B puts ($250K), AAPL puts ($116K), MA puts ($103K), IONS calls ($79K), BBIO calls ($74K).
Portfolio Sells Q1 2026 → Q2 2026
| IAU iShares Gold Trust | Reduce -5.1% | 1.55% | −0.59 |
| MSFT Microsoft Corp. | Reduce -3.4% | 2.24% | −0.34 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.31 |
| NEE Nextera Energy Inc. | Reduce -2.6% | 1.31% | −0.29 |
| CVX Chevron Corp. | Reduce -14.3% | 0.42% | −0.26 |
| FDX FedEx Corp. | Reduce -0.6% | 0.83% | −0.24 |
| UL Unilever PLC-Sponsored ADR | Reduce -52.5% | 0.18% | −0.22 |
| CCJ Cameco Corp. | Reduce -0.9% | 1.05% | −0.22 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.7% | 0.65% | −0.22 |
| HD Home Depot Inc. | Reduce -0.2% | 3.95% | −0.19 |
| XLE SS Energy Select Sector | Reduce -1.4% | 0.54% | −0.17 |
| NTR Nutrien Ltd. | Reduce -36.5% | 0.14% | −0.16 |
| REGN Regeneron Pharmaceuticals | Reduce -79.0% | 0.03% | −0.15 |
| FDXF FedEx Freight Holding Co. | Reduce -61.9% | 0.08% | −0.15 |
| COR Cencora Inc. | Sold out | 0.00% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -12.0% | 0.54% | −0.14 |
| GPC Genuine Parts Co. | Reduce -10.6% | 1.08% | −0.13 |
| ADBE Adobe Inc. | Reduce -54.6% | 0.07% | −0.13 |
| WMT Walmart Inc. | Reduce -0.7% | 0.53% | −0.13 |
| MDT Medtronic PLC | Reduce -46.8% | 0.09% | −0.13 |
| JNJ Johnson & Johnson | Reduce -5.5% | 0.87% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 1.31% | −0.11 |
| SHEL Shell PLC-ADR | Reduce -34.6% | 0.10% | −0.10 |
| GLD SPDR Gold Shares | Reduce -1.1% | 0.29% | −0.10 |
| COO The Cooper Cos Inc. | Reduce -80.0% | 0.02% | −0.09 |
| RVTY Revvity Inc. | Reduce -63.7% | 0.06% | −0.09 |
| NOW ServiceNow Inc. | Reduce -25.6% | 0.14% | −0.08 |
| AXGN Axogen Inc. | Reduce -54.8% | 0.11% | −0.08 |
| ON On Semiconductor | Reduce -71.0% | 0.05% | −0.08 |
| DIS The Walt Disney Co. | Reduce -0.8% | 0.60% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.8% | 0.55% | −0.07 |
| SVAL iShares US Small Cap Val Fac | Sold out | 0.00% | −0.07 |
| RTX RTX Corp. | Reduce -0.8% | 0.45% | −0.07 |
| WY Weyerhaeuser Co. | Reduce -0.4% | 0.43% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -1.1% | 0.48% | −0.06 |
| INTU Intuit Inc. | Reduce -4.6% | 0.06% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 1.04% | −0.06 |
| NKE Nike Inc. Class B | Reduce -81.3% | 0.01% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -3.9% | 0.63% | −0.05 |
| SLB SLB Ltd. | Reduce -0.0% | 0.22% | −0.05 |
| COP Conocophillips | Reduce -23.8% | 0.06% | −0.05 |
| DHR Danaher Corp. | Reduce -15.5% | 0.15% | −0.05 |
| CB Chubb Ltd. | Reduce -2.2% | 0.49% | −0.05 |
| PFE Pfizer Inc. | Reduce -1.1% | 0.15% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -2.1% | 0.20% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.8% | 0.10% | −0.04 |
| XPO Xpo Inc. | Reduce -11.6% | 0.22% | −0.04 |
| NVS Novartis AG-Sponsored ADR | Reduce -13.6% | 0.16% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 0.40% | −0.04 |
| WM Waste Management Inc. | Reduce -0.6% | 0.25% | −0.04 |
Portfolio Buys Q1 2026 → Q2 2026
| IBM Intl Business Machines Corp. | Add +117.9% | 0.70% | +0.39 |
| ABT Abbott Laboratories | Add +127.3% | 0.57% | +0.25 |
| PAYX Paychex Inc. | Add +157.8% | 0.40% | +0.24 |
| HUM Humana Inc. | Add +49.5% | 0.35% | +0.24 |
| GEHC GE Healthcare Technology | Add +95.9% | 0.60% | +0.22 |
| NI Nisource Inc. | New | 0.19% | +0.19 |
| META Meta Platforms Inc. Class A | Add +41.1% | 0.78% | +0.15 |
| SPGI S&P Global Inc. | Add +87.8% | 0.40% | +0.15 |
| XLK SS Technology Select Sector | Add +0.0% | 0.56% | +0.12 |
| BKR Baker Hughes Co. | Add +142.8% | 0.18% | +0.09 |
| AMZN Amazon.com Inc. | Add +2.1% | 2.11% | +0.08 |
| AMD Advanced Micro Devices | Add +501.5% | 0.08% | +0.07 |
| TSN Tyson Foods Inc. Class A | Add +43.1% | 0.53% | +0.06 |
| BAX Baxter International Inc. | Add +5.1% | 0.40% | +0.06 |
| SWK Stanley Black & Decker Inc. | Add +0.8% | 0.39% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +25.1% | 0.15% | +0.06 |
| COPP Sprott Copper Miners ETF | New | 0.06% | +0.06 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.39% | +0.06 |
| NVT Nvent Electric PLC | Add +0.0% | 0.25% | +0.05 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.05% | +0.05 |
| BDX Becton Dickinson and Co. | Add +43.4% | 0.24% | +0.05 |
| SPCX Space Exploration Techn Class A | New | 0.04% | +0.04 |
| AVAV Aerovironment Inc. | Add +40.5% | 0.34% | +0.04 |
| UBER Uber Technologies Inc. | Add +19.3% | 0.61% | +0.04 |
| CARR Carrier Global Corp. | Add +9.3% | 0.16% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +3.2% | 0.13% | +0.03 |
| LB Landbridge Co. LLC-A | Add +27.3% | 0.13% | +0.03 |
| ABM Abm Industries Inc. | Add +192.5% | 0.05% | +0.03 |
| EQH Equitable Holdings Inc. | Add +4.1% | 0.30% | +0.03 |
| D Dominion Energy Inc. | Add +8.6% | 0.37% | +0.02 |
| BLDR Builders Firstsource Inc. | Add +13.1% | 0.27% | +0.02 |
| REMX Vaneck Rar Earth ND STG-Usdi | Add +95.6% | 0.05% | +0.02 |
| SONY Sony Group Corp. - SP ADR | Add +72.8% | 0.07% | +0.02 |
| LIN Linde PLC | Add +20.3% | 0.18% | +0.02 |
| IONS Ionis Pharmaceuticals Inc. | Add +14.6% | 0.26% | +0.02 |
| IGV iShares Expanded Tech-Softwa | New | 0.02% | +0.02 |
| ACVA Acv Auctions Inc. Class A | Add +31.6% | 0.04% | +0.02 |
| NXDR Nextdoor Holdings Inc. | New | 0.02% | +0.02 |
| CCC CCC Intelligent Solutions Ho | Add +126.0% | 0.04% | +0.02 |
| XYL Xylem Inc. | Add +162.3% | 0.03% | +0.02 |
| SON Sonoco Products Co. | Add +173.1% | 0.03% | +0.02 |
| BCPC Balchem Corp. | Add +49.8% | 0.06% | +0.02 |
| PGR Progressive Corp. | Add +5.9% | 0.41% | +0.02 |
| UNP Union Pacific Corp. | Add +9.1% | 0.18% | +0.02 |
| HONA Honeywell Aerospace Inc. | Add +17.7% | 0.32% | +0.01 |
| NTAP Netapp Inc. | Add +124.5% | 0.02% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.1% | 0.05% | +0.01 |
| GEME Pacific Nos Geme Activeetf-U | Add +5.1% | 0.09% | +0.01 |
| BFLY Butterfly Network Inc. | Add +52.7% | 0.02% | +0.01 |
| NFG National Fuel Gas Co. | Add +40.3% | 0.46% | +0.01 |
Options Activity Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | put | Add +55.6% | 5,600 | $1.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 550 | $7.6B | HD, NVDA, AMAT, GOOGL, GOOG |
| Q1 2026 | 540 | $6.7B | HD, NVDA, MSFT, GOOGL, GOOG |
| Q4 2025 | 573 | $6.9B | HD, NVDA, MSFT, GOOG, GOOGL |
| Q3 2025 | 542 | $6.9B | HD, NVDA, MSFT, AAPL, GOOGL |
| Q2 2025 | 529 | $6.6B | HD, MSFT, NVDA, AMZN, AAPL |
| Q1 2025 | 510 | $6.1B | HD, MSFT, AAPL, NVDA, AMZN |
| Q4 2024 | 535 | $6.4B | HD, MSFT, NVDA, AAPL, AMZN |
| Q3 2024 | 526 | $6.4B | HD, MSFT, NVDA, AAPL, AMZN |
| Q2 2024 | 525 | $6.1B | HD, MSFT, NVDA, AAPL, AMZN |
| Q1 2024 | 534 | $6.1B | HD, MSFT, NVDA, AAPL, AMZN |